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Artemis Accelerates Madura Copper-Gold Exploration Following Strong Capital Raise

Artemis Resources Limited (ASX: ARV) has advanced its Madura Copper-Gold Project towards maiden drilling during the June quarter, with a heritage survey commencing at the Cassowary IOCG target and pre-drilling activities progressing ahead of a planned drilling campaign in the third quarter of 2026. The Company also completed reconnaissance work, lodged the drilling work program for the Sharon Dam prospect and continued contractor engagement to support upcoming exploration. Artemis strengthened its financial position after securing firm commitments for a heavily oversubscribed AU$8.0 million placement, cornerstoned by Jupiter Asset Management, providing funding to accelerate exploration across both the Madura and Pilbara projects. In parallel, geological mapping and rock-chip sampling were completed across the Sing Well and Sing Six areas to refine future exploration targets. The Company's extensive landholding of more than 2,100 km² across the Madura Province continues to support its strategy of targeting large-scale intrusion-related copper-gold systems.

 

 

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